Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
March 8th, 2019
Make the Most of FINRA’s 529 Share Class Disclosure Initiative
FINRA is encouraging firms to undertake a qualitative review of their supervisory practices ranging back to 2013—not a full quantitative analysis of individual 529 plan transactions or recommendations. Read more >
Investment Adviser Ordered to Pay $1.6M Restitution to Pension Plan
The Department of Labor’s Employee Benefits Security Administration determined he defrauded $2 million from the Rehabilitation Center for Children & Adults Inc. Pension Trust Read more >
Stretching the Match May Produce Unintended Consequences for NHCEs
A Vanguard study focusing on non-highly compensated employee (NHCE) behavior finds higher match thresholds are typically associated with lower plan participation and lower employee contribution rates. Read more >
Colonial Life and FutureFuel Create Student Loan Repayment Solution
The firms say strong demand among employers and employees for student loan repayment support solutions made their new partnership “an easy decision.” Read more >